Sentence examples for payment bonds from inspiring English sources

It is more detailed than the advertisement and contains information on preparing and submitting the bid, on bid bonds, on performance and payment bonds, and on the methods of evaluating responsive bids, as well as a schedule and procedure for awarding the contract and proceeding with the work.

Instead, the contractor must require its subcontractors to provide performance and payment bonds.

Likewise, various forms, applications, certificates, etc. are explained such as performance bond, payment bond, Owner/Architect Agreements, Standard Forms of Agreement, and Integrated Project Delivery.

"Surety" has the same meaning as in section 694a of title 15. "Surety Bond" means a bid bond, payment bond, or performance bond as those terms are defined in section 694a of title 15.

In addition he owns Liderança Capitalizaçao, which sells Tele Sena, a one-time payment bond.

You can, however, require your contractor to furnish you with a performance and payment bond.

In 2001 Argentina stopped payment on bonds worth $80 billion, which at the time was the biggest default in history.

Amounts in the fund are appropriated for payment of bonds and notes at maturity or for their redemption or purchase before maturity by the Secretary of the Treasury.

Last fall, the theater was facing increased payments on bonds used to support construction.

On Oct. 31, the government is due to make $6 billion in interest payments on bonds it has already issued.

One is through the money they earn on the assets they hold, like interest payments on bonds.